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HW Ch 14 Saved Calculate the effective annual interest rate for the following: a. A 3-month T-bill selling at $97,820 with par value $100,000. (Round

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HW Ch 14 Saved Calculate the effective annual interest rate for the following: a. A 3-month T-bill selling at $97,820 with par value $100,000. (Round your answers to 2 decimal places.) 10 points Effective annual rate % eBook Print b. A 8% coupon bond selling at par and paying coupons semiannually. (Round your answers to 2 decimal places.) Effective annual rate References

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